$CHESS /USDT LONG TRADE SIGNAL – BOUNCE INITIATED FROM DEMAND ZONE!
$CHESS has shown a sharp recovery from the $0.0626 support zone with solid hourly candle formation and increasing volume, indicating potential bullish continuation. The price is consolidating above $0.0660 after reclaiming minor resistance, which may now flip into support if this momentum sustains.
Trade Setup (LONG):
Entry Price: $0.0655 – $0.0665
Target 1: $0.0695
Target 2: $0.0730
Target 3: $0.0765
Stop Loss: $0.0622
Why Long?
This bounce follows a strong intraday support test, with price rejecting lower levels multiple times. The 1H chart shows early reversal signals and a short-term trend shift. A breakout above $0.0690 could invite fresh buyers, targeting higher resistances.
Risk Management Tip:
Avoid chasing — enter only near the support range. Always secure gains by trailing SL above entry as soon as TP1 hits.
Don’t let this low-cap breakout slip away — early birds always catch the best entries!
Buy and Trade here on $CHESS!